Riverstone Networks Inc. and Tellabs Inc. have settled their legal spats that have been pending for more than a year. In Aug. 2001, Tellabs filed a $10 million suit charging Riverstone with breach of contract, fraud, misappropriation of trade secrets and deceptive trade practices. In response to the suit, Riverstone filed a breach of contract suit against Tellabs, after Tellabs ended their alli...
MPEG-4 software provider iVAST has let go 10 staffers in an attempt to better align its staff with market demand. "We didn't have a layoff," said Karen Willem, iVAST's senior vice president of finance and chief financial officer. "We did let go about 10 people, but plan to hire about 10 more in different areas," she said.
French telecom gear maker Alcatel has inked a multimillion deal to supply 180,000 DSL lines in China. Zhejiang Telecom has selected Alcatel's Chinese subsidiary Alcatel Shanghai Bell. In May, Zhejiang Telecom tapped Alcatel for 80,000 lines. Alcatel's lines will cover the cities of Hangzhou, Ningbo and Wenzhou.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Belleville News-Democrat Belleville News-Democrat…10/25/2002 From LexisNexis Charter Communications ' third-quarter profits are more than 4 percent behind where they were predicted in August to be at this time, Bloomberg News reported Thursday.
Copyright 2002 M2 Communications Ltd. TELECOMWORLDWIRE…10/24/2002 From LexisNexis China's broadband Internet audience will grow by nearly 500 percent during 2002, according to research and consulting firm Strategy Analytics. In a new research report, Strategy Analytics predicts that 2.9m Chinese households will subscribe to broadband Internet services by the end of 2002 and by 2008, some ...
SBC Communications Inc.'s third quarter results offer a mixed bag. On the one hand, the company beefed up its DSL subscriber numbers, but on the other SBC suffered a 5 percent year-over-year drop in revenue. According to the service provider, it has become the first company to have 2 million DSL lines in service.
SONICblue Inc. was looking for a way to add some more bells and whistles to its new line of ReplayTV 5000 digital video recorders, and has turned to Universal Electronics Inc. to make it happen. The newly signed agreement calls for UEI to provide a custom-designed wireless controller and embedded connectivity software that will enable a direct link from the DVR to cable and satellite set-tops.
Copyright 2002 Gannett Company, Inc. USA TODAY…10/24/2002 From LexisNexis SEATTLE —Microsoft Corp.'s biggest push yet to lure customers to its Internet subscription service kicks off today with Chairman Bill Gates and rocker Lenny Kravitz touting the coolness of MSN 8 in New York's Central Park.
Broadband communications training outfit NCTI has rolled out a new program intended to give basic knowledge to new installers. The Quick Start Installer program was designed with inexperienced installers in mind. The program is geared to help installers master specific skills usually learns during the first 90 days of employment.
It's a marriage between audio books and cable modems, and Toshiba America Information Systems and Audible Inc. believe it will be a match made in broadband heaven. Toshiba's Network Products Division has struck an agreement with Audible Inc., a provider of downloadable, spoken audio, to co-market their products.
The HomePlug Powerline Alliance, an industry group working to specify home networking gear that operates over traditional residential electrical wiring, is gearing up for the next version of its technical specification. The new standard, dubbed HomePlug AV, will be designed to support the distribution of data and multi-stream entertainment for both standard-definition and high-definition televi...
Next year may be the year for broadband wireless, one analysis says. Wireless ISPs plan to spend $1.1 billion on broadband wireless products and services over the next 12 to 18 months, according to a new research study conducted by BWE Research Services, the research arm of Broadband Wireless Exchange Inc.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Austin American-Statesman Austin American-Statesman…10/22/2002 From LexisNexis Time Warner Cable has begun to offer another service for Austin-area customers: digital video program recording that takes place inside the cable set-top control box.
Attention hockey fans, NHL.com has teamed with CinemaNow Inc. to deliver on-demand hockey highlights. The on-demand service gives hockey fans access to streaming video highlights from almost every NHL game, classic NHL moments, previews of titles from the NHL Home Video library and a behind-the-scenes look at NHL teams and players.
Telco Bell Canada wants to expand its bundled data and video service offering, and has extended an existing contract with Next Level Communications Inc. to make it happen. Under the terms of the three-year contract extension, Bell Canada will use Next Level's Full Service Access Platform broadband access equipment to continue the rollout of data and video services to apartments and condominiums...